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Asian Development Bank (ADB) Vice President Xiaoyu Zhao has declared that Sri Lanka has big potential than any other country in Asia to become the most viable and attractive regional economic hub. “Strategic location, post conflict infrastructure development initiatives, peace and stability, high economic growth and able leadership are the main factors behind these potential,” ...
- ADB’s South Asia head meets Basil (Category: Business)
- Sri Lanka has big potential to be a viable regional hub – ADB (Category: Breaking News)
- New ADB, Sri Lanka partnership strategy agreed to target growth (Category: Breaking News)
- ADB’s new Sri Lanka partnership to target inclusive growth (Category: Business)
Reuters: Chinese university teacher Zhu Haibin wept softly as she and other Communist Party cadres stood in rows before a mass grave of Communist fighters in southern China. Ignoring light drizzle, the group listened to a party instructor tell the story of Zhang Longxiu, a “hero mother” from the early days of China’s Communist revolution ...
- China to test superpower claims on foreign soil (Category: Business)
- Top Chinese professor boasts of operatives in top of US ‘core inner circle’ (Category: USA, New York)
- Top Chinese professor boasts of operatives in top of US ‘core inner circle’ (Category: USA, New York)
- Top Chinese professor boasts of operatives in top of US ‘core inner circle’ (Category: USA, New York)
A number of articles which appeared in print media in the recent past signify the volatility in the economy. High volatility leads to vulnerability. Volatility and vulnerability are reflections of the haphazard nature of the economic policies and poor economic governance in a country
- Achieving economic goals amidst global challenges (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- Lion leads frontier markets (Category: Business)
Around 1,000 delegates in town for Commonwealth Parliamentary Conference and connected activities this week The entire Common-wealth is literally here as Sri Lanka plays host to the grouping’s annual gathering of Parliamentarians – this week, giving the country an excellent opportunity to be assessed firsthand as well as lift its profile globally. The 58th Annual ...
- Sri Lanka ready to host Commonwealth Parliamentary Conference next month (Category: Business)
- Sri Lanka to host Commonwealth Parliamentary Association conference (Category: Business)
- SPEAKER TO BECOME CPA CHAIRMAN (Category: Breaking News)
Incident could affect Madurai getting international connectivity: Trade bodies The Hindu: The recent tension over the presence of Sri Lankans in Tamil Nadu has caused trade bodies in southern districts worry over the prospects of international connectivity for Madurai as the first full-fledged international flight was scheduled from Colombo on 20 September. While not going ...
- TNCCI concerned over attack on Sri Lankans (Category: Business)
- Mihin Lanka to operate first international flight out of Madurai (Category: Business)
- Doubts over the upcoming Madurai – Colombo flight (Category: Breaking News)
- Long-awaited flight to Lanka may commence in September (Category: Breaking News)
NAIROBI (Reuters): Kenya’s horticulture export earnings are expected to grow by 10%this year thanks to above-normal rainfall, but the eurozone’s financial woes were expected to dampen demand for flowers, a senior industry official said on Monday. Horticulture is one of the east African country’s leading sources of foreign exchange alongside tea exports and tourism. The ...
- Japan corporate mood up despite yen worry (Category: Business)
- HE the President visits "Diyatha Uyana" at Battaramulla (Category: Breaking News)
- HE the President visits "Diyatha Uyana" at Battaramulla (Category: Breaking News)
- Serendib Horticulture Technologies to cater field expertise in foreign markets (Category: Business)
Human rights Human rights are on the top of agenda today. Nations accuse each other of violations of human rights of themselves and others. Rights are generally violated during conflicts and wars as the strength of the weapon supersedes peace over and stability and rule of law. There is no shortage of conflicts in most ...
- Make preparations count (Category: Business)
- Govt. readies for next UN session with national plan for human rights (Category: Business)
- Govt. appoints ministerial committee on human rights ahead of UNHCR sessions (Category: Business)
WASHINGTON, (Reuters): Singapore’s economy is set to weaken this year on the back of weaker global demand and related international financial and trade strains emanating from the euro zone debt crisis, the International Monetary Fund said on Monday. “Under the benign global baseline
- Sri Lanka, the fastest growing Asian economy after China (Category: Breaking News)
- Sri Lanka: Shanmugaratnam in short list of possible IMF successors (Category: Breaking News)
- StanChart eyes $ 3 b Singapore revenue in three years (Category: Business)
- Singapore set for five-year F1 contract extension (Category: Business)
The Sri Lanka Institute of Marketing (SLIM) together with the Bucks University featured the 2012 award winners from Singapore of global business associations and chief marketing officers under the theme ‘Is The Party Over?’ at Galadari Hotel, where a select audience of 200 business and marketers attended the event. Some of the key points discussed ...
- Honoured for driving marketing in Sri Lanka (Category: Business)
- New tea industry model: By default? (Category: Business)
- Focus on the magic than logic (Category: Business)
- Sri Lanka can be a top 30 country by 2015 (Category: Business)
Given first half performance, believes several 2012 Roadmap targets will be missed UNP MP and its chief spokesman on the economy Dr. Harsha de Silva yesterday claimed that most of the Central Bank’s 2012 Roadmap targets were likely to be missed, based on below par performance on the external
- Harsha renews call for swift action against NSB-TFC deal makers (Category: Business)
- Readying for a fight? (Category: Business)
- Central Bank emphatic dollars are coming (Category: Business)
- Imports swell, exports lose steam (Category: Business)
By Shanuka Tissera Leading bankers were given the opportunity to discuss the method of approvals of OPIC funding and political risk insurance, facilitated by the International Executive Service Corps (IESC) and the American Chamber of Commerce Sri Lanka (AMCHAM) for US equity sponsored projects. The keynote address was delivered by the Governor of the Central ...
- Lion leads frontier markets (Category: Business)
- Commercial Leasing and Finance maintains impressive growth in profits (Category: Business)
- AmCham to promote fixed rate, low cost financing from USA (Category: Business)
- AmCham partners with ISEL to bring in US investment to Sri Lanka (Category: Business)
Last week I had the opportunity of meeting Hermawan Kartajaya, one of the top 50 gurus who has shaped the world of marketing. His perspective to the changing landscape of marketing and what business must do sure opened my mind set to a new way of thinking business and Sri Lanka’s policy decision making. Hermawan ...
- Storm in Sri Lanka’s teacup: A more pragmatic approach is key (Category: Business)
- Eminent speakers at SLIM International Marketing Conference 2012 tomorrow (Category: Business)
- Honorary Fellow Dr. Hermawan Kartajaya visits SLIM (Category: Business)
- Driving marketing in the boardroom (Category: Business)
Brand Finance’s Annual Global Nation Brand Analysis Prologue Over the past three years, nation branding has received an enormous amount of coverage in Sri Lankan newspapers. Whilst some of these are based on the need to provide a marketing approach to building a nation, and its brand; many of the articles focus on developing a ...
- Brand Finance launches Nation Brands 100 (Category: Business)
- Brand ‘Sri Lanka’ valued $ 23 b; ranks 76th globally (Category: Business)
- Branding Sri Lanka (Category: Business)
Point of view By a market participant The investors were compelled to wait nearly 17 years to reap the benefit of a real bull run in 2009 after the elimination of the LTTE terrorism and how the SEC destroyed it within a one-and-a-half year period due to ill conceived, irresponsible decisions is well known and ...
- Real potential of the Colombo stock market (Category: Business)
- Bourse boom awaits boosted brokers after Presidential forum (Category: Business)
- Brokers delighted by talk, lunch with President (Category: Business)
- More about the real potential of the stock market (Category: Business)
The Pathfinder Foundation (PF) welcomes IMF Country Director Dr. Koshy Mathai’s call for increased exports to India and China. Dr. Mathai, in his keynote address at the Annual General Meeting of the Exporters’ Association, stressed two interlinked themes that have been the subjects of several previous Economic Flashes and Economic Alerts: the decline in Sri ...
- Accelerating inclusive growth: The role of the external sector (Category: Business)
- Lanka’s exports to Singapore clock highest growth in 1H (Category: Business)
- What’s happening to India’s growth drivers: Exports? (Category: Business)
- Sri Lanka’s trade success in EU markets is not accidental, says Rishad (Category: Business)
Playing off India against China and vice versa‘The Great Game’ was the name given to a diplomatic and military tussle between the British and Russian empires during the time of the British Raj in India for influence over what constitutes today’s central Asian states. Commonly known as the ‘Stan states,’ they were located along the ...
- Fearing political pressure, Sri Lanka president wants to avoid trade integrations with India (Category: Breaking News)
- Sri Lanka is no pearl on China’s string: President (Category: Business)
- From defence sales to electricity grids, India upgrades Lanka ties (Category: Business)
- In bid to counter China, US ramps up effort to boost military ties in Asia (Category: Breaking News)
With the opening dates of terminals in the Colombo South Harbour Project in Sri Lanka and Deep Water Container Port in Pakistan now set as 2013 and 2014 respectively, port development in the South Asian region is about to enter another era. When completed, the new deep sea ports in Karachi and Colombo will have ...
- Sri Lanka needs more base cargo to face future competition (Category: Business)
- Fair winds for Sri Lanka maritime hub (Category: Business)
- Strengthening ties between ports (Category: Business)
- Accelerating growth: catching the wave or missing the bus (Category: Business)
British HC commends Sri Lanka for progress made over the years By Cheranka Mendis Ceylon Chamber of Commerce Chairman Susantha Ratnayake yesterday called for a new wave of reforms if the country were to come out of current shocks quickly with the least amount of pain. In his address at the chamber’s 173rd Annual General Meeting, ...
- Finagle introduces Frozen Ready-To-Bake range of bakery products (Category: Business)
- Economic Summit kicks off with wakeup call for Sri Lanka (Category: Business)
- US keen to increase trade with Sri Lanka (Category: Business)
- “Sri Lanka has great potential to attract Japanese investors” – Japanese Ambassador (Category: Business)
Following is the part one of the Daily FT article featuring the Acuity Stockbrokers Research on Economy and Strategy titled “Lion Leads Frontier” launched last week. Better than the rest General frontier market risks remain pertinent to Sri Lanka Investors in frontier markets
- Lion leads frontier markets (Category: Business)
- Sri Lanka’s growth world’s fourth best! (Category: Business)
- Sharper slip in Sri Lanka’s rank in global competitiveness (Category: Business)
By B.A.B. Goonetilleke Sometime in 2009, in what was to become a defining moment in the new Digital Age, Bradley Manning, a 24-year-old Army private based at an outpost in Iraq, began to download a veritable trove of classified cables dispatched by US missions around the world on to a thumb drive. Whether Manning stepped ...
- Solheim Looks Back On The Peace Process (Category: Breaking News)
- Wikileaks: Norwegians Concerned Over JVP’s ‘Ugly’ Campaign (Category: Breaking News)
- Sri Lankans In Wikileaks (Category: Breaking News)
- Sri Lanka and the Spectre of an International Investigation (Category: Breaking News)
Reuters: Sri Lanka now expects 2012 tea production of around 325 million kg, below its target of 330 million kg, as output has fallen in the last five months due to drought, the State-run Tea Board said. Tea production in the first half of the year fell 4.3 per cent year-on-year to 163.26 million kg ...
- JANUARY TEA OUTPUT INCREASES (Category: Breaking News)
- Kenya tea exports up 10% in first quarter (Category: Business)
- January tea output up 6% (Category: Business)
- July tea output down 11.5% (Category: Business)
Asia and the Pacific and Africa show best results in first four months of 2012 As the summer season gets underway in the Northern Hemisphere, the short-term outlook for international tourism remains positive according to the UN WTO. The UNWTO Confidence Index for May-August has improved compared to previous periods, particularly among experts in advanced ...
- European tourism grows above expectations (Category: Business)
- International tourism off to strong start in 2012 – UNWTO (Category: Business)
- New UNWTO and ATM Forum to boost Middle East tourism (Category: Business)
- Global tourist arrivals up 4% in 2011; expected to reach 1 b mark in 2012 (Category: Business)
The Pacific Asia Travel Association (PATA) hosted the PATA Hub City Forum, London, 5 July at the Institute of Directors in Pall Mall. The objective was to engage on a variety of strategic matters including UK border issues, inward investment for the UK, Heathrow Airport, crisis response, the 2012 Olympic impact, and the UK’s controversial ...
- PATA defines new events and advocacy agenda (Category: Business)
- PATA Awards Leading Travel Professionals (Category: Business)
- Philippines to host PATA Travel Mart 2012 (Category: Business)
- PATA commits to ‘Next Gen’ action at Annual Conference (Category: Business)
By Cassandra Mascarenhas The third and final day of the Sri Lanka Economic Summit 2012 organised by the Ceylon Chamber of Commerce commenced with a plenary session titled ‘Skills and Productivity to Compete in the Global Market,’ which discussed the initiatives that are underway and aimed to identify additional steps required to improve the quality ...
- Improving Sri Lanka’s business climate (Category: Business)
- Sri Lanka Economic Summit to examine ease of doing business (Category: Business)
- Creating digital inclusion and regional connectivity (Category: Business)
- From science to commercialisation (Category: Business)
Following is the full text of Secretary to Ministry of Finance and Planning and Ministry of Economic Development Dr. P.B. Jayasundera’s keynote address titled ‘Sri Lankan Economy in Perspective’ at first plenary session of the Ceylon Chamber of Commerce Sri Lanka Economic Summit
- Govt. on right course, private sector must adapt and grow: Dr. P.B. (Category: Business)
- Accelerating growth: catching the wave or missing the bus (Category: Business)
- A resolute Sri Lankan economy (Category: Business)
- Does Wage Growth Retard Economic Growth? (Category: Breaking News)
By Cassandra Mascarenhas Setting its sights on placing Sri Lanka in the global economy and expanding its reach in overseas markets, the Sri Lanka Economic Summit 2012, the Ceylon Chamber of Commerce’s annual flagship event, aptly themed ‘Positioning Sri Lanka in the Global Economy
- Lion leads frontier markets (Category: Business)
- Young political guns speak up for economy (Category: Business)
- Ceylon Chamber spearheaded repositioning post-war Sri Lanka forum kicks off today (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
Overview With the end of the civil war, Sri Lanka is now experiencing a higher growth in the number of tourist arrivals, despite the much anticipated crisis in its economy currently, along with many infrastructure developments taking place to better the country’s standard. According
- Orient Capital ventures into money broking business (Category: Business)
- Mobitel checks in to Foursquare Social Network (Category: Business)
- Perera & Sons enters social media world with a bang (Category: Business)
- JICA will not fund projects in Sri Lanka until debt restructured (Category: Breaking News)
OVER the last three years Sri Lanka has become used to being at the forefront of development potential and political stability in South Asia but interestingly, neighbour Maldives has had the highest per capita income in the region and continues to lead the way in investment and economic growth. A study done by a ...
- Maldives Govt. vows to implement all deals with foreign companies (Category: Business)
- Island Deal (Category: Business)
- Maldives eyes $100 million tourist tax for CO2 plan (Category: Business)
- GMR’s Maldives airport project flies into rough weather (Category: Business)
Drug Trafficking was one of the main sources of finance for the LTTE terrorists as reflected in the World Drug Report 2012, says Permanent Representative of Sri Lanka to the United Nations Dr. Palitha Kohona. He was addressing at the UN General Assembly Thematic Debate on ‘Drug and Crime as a Threat to Development’ ...
- Crime one of the world’s “top 20 economies”: UN (Category: Business)
- Sri Lanka a growing hub for drugs (Category: Business)
- Illicit drugs found in Clearview (Category: South Australia)
- Organized Criminals Gangs In Sri Lanka & Its Impact On National Security (Category: Breaking News)
Case study Middle East Sri Lanka is one of the most sought-after tourist destinations in the world. It is surrounded by the Indian Ocean strategically located between West Asia and South East Asia and has been an important stop on the silk route or the Silk Road. It has all requirements to be one ...
- Unified branding in the tourism industry (Category: Business)
- Showcasing Sri Lanka and driving demand (Category: Business)
- Marketing an emerging tourism destination in Asia (Category: Business)
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